A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for PPG Industries
Our trading algorithm values PPG Industries (PPG) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $112.22 |
| 60 Day Prediction | $113.76 |
| 60 Day Pred - Lower Bound | $105.53 |
| 60 Day Pred - Upper Bound | $122.03 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.034 * nr_days_in_the_future + 114.785
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
PPG traded at $112.22 this Friday October 14th, gaining since last week.
Looking back, over the last month, PPG has been loosing $-7.01 or -6.24666018532997 percent.
Over the last year, it has been loosing $-46.72 or -41.632508209315446 percent.
Seasonality of PPG Industries
Using our AI model, we have been analyzing the value change for PPG Industries depending on the day or month of a year. This can be seen in the following graph:
